Premier Insurance Limited (PSX:PINL)

Premier Insurance Balance Sheet

Financials in millions PKR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Equity & Preferred Securities	1,191	877.25	790.23	1,129	1,202
Other Investments	62.44	83.54	71.23	-	-
Total Investments	1,600	1,308	1,183	1,427	1,478
Cash & Equivalents	54.46	40.69	57.88	91.29	41.29
Reinsurance Recoverable	207.47	527.85	738.88	1,008	674.91
Other Receivables	579.3	276.7	353.74	354.49	429.14
Property, Plant & Equipment	206.51	196.59	205.21	213.57	221.74
Other Intangible Assets	0.38	0.54	0.78	1.11	1.98
Other Current Assets	120.03	92.41	145.41	201.81	191.39
Long-Term Deferred Tax Assets	51.8	50.75	50.33	47.83	46.43
Long-Term Deferred Charges	18.71	28.87	37.02	26.31	21.65
Other Long-Term Assets	167.12	93.9	71.9	108.2	142.79
Total Assets	3,006	2,616	2,844	3,479	3,249
Accrued Expenses	-	159.01	190.32	196.51	197.8
Insurance & Annuity Liabilities	667.74	469.77	411.41	420.33	548.93
Unpaid Claims	490.71	607.49	897.21	1,027	700.57
Unearned Premiums	310.94	285.98	359.39	341.84	299.07
Current Portion of Leases	-	0.77	2.28	2.25	2.33
Long-Term Leases	5.29	3.18	5.7	7.97	7.89
Other Current Liabilities	22.42	39.1	39.25	39.49	39.51
Other Long-Term Liabilities	303.55	96.23	75.22	104.08	110.98
Total Liabilities	1,807	1,668	1,989	2,147	1,912
Common Stock	505.65	505.65	505.65	505.65	505.65
Retained Earnings	-939.89	8	-0.9	189.33	218.29
Comprehensive Income & Other	1,633	433.74	350.66	637.41	612.97
Shareholders' Equity	1,199	947.4	855.41	1,332	1,337
Total Liabilities & Equity	3,006	2,616	2,844	3,479	3,249
Filing Date Shares Outstanding	49.94	50.57	50.57	50.57	50.57
Total Common Shares Outstanding	49.94	50.57	50.57	50.57	50.57
Total Debt	5.29	3.95	7.97	10.22	10.22
Net Cash (Debt)	49.17	36.74	49.9	81.07	31.07
Net Cash Growth	33.84%	-26.38%	-38.44%	160.93%	-63.97%
Net Cash Per Share	0.98	0.73	0.99	1.60	0.61
Book Value Per Share	24.01	18.74	16.92	26.35	26.44
Tangible Book Value	1,199	946.85	854.64	1,331	1,335
Tangible Book Value Per Share	24.00	18.73	16.90	26.33	26.40
Land	-	140.45	140.45	140.45	140.45
Buildings	-	21.55	21.55	21.55	21.55
Machinery	-	105.97	110.19	115.99	131.92
Construction In Progress	-	26.11	26.11	26.11	26.11

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.